MarketAxess Reports November 2025 Trading Volume and Market Share Growth
MarketAxess Holdings Inc. reported its trading volume statistics for November 2025, showing significant growth in various channels. Block trading ADV in the client-initiated channel grew by 46%, with notable increases in U.S. credit, emerging markets, and eurobonds. The company introduced a new Closing Auctions protocol. Market share for U.S. High-Grade bonds rose to 18.9% in November 2025. All volumes reported cover fully electronic trading activity.
MarketAxess Holdings Inc. announced its trading volume statistics for November 2025. The company reported continued year-over-year progress across its client-initiated, portfolio trading, and dealer-initiated channels. Notably, block trading average daily volume (ADV) in the client-initiated channel grew by 46%, with U.S. credit increasing by 34%, emerging markets by 61%, and eurobonds by 83%. MarketAxess also introduced a new Closing Auctions protocol, described as the first standardized market-wide auction protocol in fixed-income. The company’s estimated market share for U.S. High-Grade bonds, including single-dealer portfolio trades, was 18.9% in November 2025, up from 18.5% in October 2025 and 18.1% in November 2024. Excluding single-dealer portfolio trades, the market share was 18.5%, compared to 18.1% in October 2025 and 18.0% in November 2024. All reported MarketAxess volumes cover only fully electronic trading activity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MarketAxess Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251203126910) on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
